The Truth Behind 50c Fares

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On August 5th 2024 50c fares were introduced across Queensland. With this new, much cheaper fare system you would only be charged 50c per trip, no matter where you came from or how far you’ve travelled. But at a closer glance it quickly becomes evident that the initiative is very costly and could have easily been implemented at a much lower cost for more benefit to the public. In this episode we explore why 50 cent fares are here, what they actually are and investigate whether they are a good policy or just a blatant vote grab conveniently implemented just before an election.

Timestamps
Chapter 1 : Birth of a Bargain
Introduction: 00:00
Background: 00:32
2024 State Election: 02:16
Failed Fare Legislation: 02:45

Chapter 2 : Was it Really Worth It?
Cost of Living Relief: 03:49
Lack of Concession Targeting: 5:27
True Cost of the Scheme: 06:59
Removal of Distance Based Pricing: 07:48
Effects on Public Transport Patronage: 08:33
Overestimated Increases in Patronage Attributed to the Scheme: 09:39
Removal of Peak Pricing: 12:33
Effects on Traffic: 13:58
The Bottom Line: 16:21

Chapter 3 : Ulterior Motives?
The Popular Policy: 18:24
Steven Miles Skits: 19:11
Questioning Bart Mellish: 19:54
Theory 1, Electoral Sugar Hit: 21:02
Theory 2, Populist Politics: 21:39
Just Theories: 22:11

Chapter 4 : How do we fix this?
Limitations on Ministerial Powers: 22:30
Sensibly Lowering Fares: 23:10
Fixing Concessions: 24:43
Meaningfully Boosting Patronage: 25:26
Small Step for Fixing Traffic: 26:50
Wrapping it Up: 27:32

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